Stock Market & Financial Investment News

Cisco CEO Chambers: Internet of Everything a $19T market, Bloomberg reports Cisco Systems CEO John Chambers, speaking at the International Consumer Electronics Show, said that the Internet of Everything, connected products ranging from cars to household goods, could be a $19T opportunity, reports Bloomberg.Reference Link

Ruckus Wireless will be in play if HP acquires Aruba, says Craig-HallumCraig-Hallum said Ruckus Wireless (RKUS) remains a likely takeout target following reports Hewlett-Packard (HPQ) may acquire competitor Aruba Networks (ARUN). Analyst Tony Stoss said if Hewlett is looking at Aruba, it should absolutely look at Buy rated Ruckus, which would also pressure Cisco (CSCO) to take a hard look at the company. Stoss says Ruckus has superior technology and exposure to the high growth service provider market with numerous catalysts ahead to drive shares higher.

Cisco partners with France to invest $100M in French startups, TechCrunch saysFrench Prime Minister Manuel Valls announced Monday a partnership with Cisco that will see the company investing $100M in French startups in coming years, reports TechCrunch, citing government statements and remarks by Cisco CEO John Chambers. The partnership also involves collaborating on cybersecurity, "smart" networks and cities, and an education initiative aimed at teaching network infrastructure to 200,000 people. Reference Link